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Required information [The following information applies to the questions displayed below. Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and
Required information [The following information applies to the questions displayed below. Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Activities Units Acquired at Cost 70 units $50.40 per unit 210 units $55.40 per unit Units Sold at Retai Date Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 230 units $85.40 per unit 70 units $60.40 per unit 120 units $62.40 per unit 100 units& 95.40 per unit Totals 470 units 330 units Weighted Average Perpetual Goods Purchased Cost of Goods Sold Inventory Balance Cost per unit # of units sold Cost per unit #of Date #Of units Cost per Inventory units Sold unit Balance March 1 70 $50.40 3,528.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals $ 0.00 Specific Identification Goods Purchased Cost of Goods Sold Inventory Balance #of units Cost per | unit # of units sold Cost per unit Cost of Goods Sold Cost per Inventory Balance Date # of units unit March 1 7050.40$3,528.00 March 5 March 9 March 18 March 25 March 25 March 29 Totals $ 0.00
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